On Sept. 2, 2024, or roughly 16 days before the next Federal Open Market Committee (FOMC) meeting, an overwhelming majority of the market seems to be predicting the U.S. Federal Reserve to cut the federal funds rate by 25 basis points (bps) on Sept. 18. The U.S. federal funds rate is currently at 5.25%-5.50%, which…
As the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) gears up for its meeting on Sept. 18, anticipation is building for a rate cut. Market participants are placing their bets, with expectations leaning toward either a 25 basis points (bps) reduction or a 50bps cut. However, Massachusetts Senator Elizabeth Warren is urging the Fed…
Following the release of the FOMC minutes, Bitcoin鈥檚 price rose by 2.53%, surpassing $61,000, while the overall crypto market increased by 2.35%. Alongside Bitcoin鈥檚 resurgence, altcoins demonstrated even stronger gains. Binance鈥檚 BNB coin jumped 4.26% as the exchange announced plans to hire 700 employees. The world鈥檚 largest cryptocurrency, Bitcoin (BTC), along with other altcoins, has…
Bitcoin’s price hit $61,838 per coin by 3:45 p.m. EDT on Wednesday, after spending much of the day lingering below the $60,000 mark. The crypto market mirrored the upward movement seen in the S&P 500 and Nasdaq, which both rallied just before the closing bell. This newfound optimism is largely being credited to the Federal…
The US House Financial Services Committee will markup multiple bills to regulate crypto assets in the country, coinciding with the Federal Reserve’s decision to hike rates by 25 bps. List Your Profile Links On CryptosHeadlines.com 鈥淏ecome a Supporter of CryptosHeadlines.com! Send us your name and social profile links, and we will add your name…